TMB has always been offering HIGHEST RATE of INTEREST on DEPOSITS and is also known as the BEST INDIAN BANK for NRI DEPOSITS.
Yes, we are a strong 98 year old scheduled commercial bank & authorized dealers in foreign exchange. See below info to know more about us…
Our exclusive and flagship credit scheme for Micro Small and Medium Enterprise (MSME) entails providing lower rate of interest for growing business units and offering them access to powerful banking services at a low rate of interest and quick processing and servicing both online and offline.
Current Buzzword in Banking Industry is “MSME Financing” after Government of India’s initiatives to step up credit flow to Small and Medium Enterprises through bringing out a new legislation named Micro, Small and Medium Enterprise Development (MSMED) Act 2006. Unlike large industries, which have access to various domestic and international sources of finance, MSMEs are dependent largely on Bank Credit. The banks are trying to outwit each other through aggressive promotional strategies to create a niche segment in MSME financing.
All the Terms and Conditions of this scheme are subject to change and sanctioning of the loans is at the sole discretion of the Bank. Goods & Service Tax (GST) on All Service Charges extra wherever applicable.
Click the link, Get the MCLR Rates of Interest to know more about the rates of interest charged for our MSME Loan Schemes.
“We are banking with TMB since the last 20 years and have been a profit making and growing concern ever since. Many thanks to the continued support and co-operation extended…
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“Tamilnad Mercantile Bank has been rated 3rd Best Bank in Small Banks Category (Out of 19 Banks) by Business World under India’s Best Banks 2012.”
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